Last Updated: 12/4/2016 8:21 AM
Description for 10 Federal Street Salem, MA 01970
The former New England Telephone Building in Salem has available the 3rd floor of a 6-story steel & masonry built building. 10 Federal Street is fully handicapped accessible with an elevator, 800amp 3-phase electric and common mens & ladies rooms on each level. The shell is about 24,000 +/- square feet in size with common mens & ladies restrooms. On-site parking on this sprawling 1-acre campus is one space per thousand rentable square foot. This opportunity is perfect for office / medical use or for an investor looking to build-out Executive Suites. Location is next to the Salem District Court, municipal parking lot and one block from the Salem Depot commuter rail station. Be near everything downtown historic Salem has to offer in local shops, museums & restaurants.
Public Water Service
Three Phase Available
Exterior / Lot Features
86 Parking Spaces, On Site
Downtown, Historic Area, Public Transport
Current market conditions for 10 Federal Street
Active Market Trends
Median list price$349,900
Days on market85
Properties for sale80
Sold Market Trends
Median sold price$311,000
Sales to list price10,091.0%
Median sq ft price$234
Arrows indicate 90 day trend
Listing Price History for 10 Federal Street
Salem Real Estate
Salem is located in Massachusetts. Salem, Massachusetts 01970 has a population of 41,641.
The median household income in Salem, Massachusetts 01970 is $56,580. The median household income for the surrounding county is $66,918 compared to the national median of $53,046. The median age of people living in Salem 01970 is 36.8 years.
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